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Cable Update (GBPUSD)

  • #512,801
  • Feb 28, 2020 2:57am Feb 28, 2020 2:57am
Im out see you
  • #512,802
  • Feb 28, 2020 3:06am Feb 28, 2020 3:06am
Quoting msniper
Dollar index near support now can we see a reversal on euro to the downside and dragging gbp with it down {image}
The gu has lost his grip to any correlation.
All week it wend down when the eu went , so it's better to not to look for hints at correlation.
A break of last hourly candle high will bring all the bulls
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yes yes yes
  • #512,803
  • Feb 28, 2020 3:17am Feb 28, 2020 3:17am
1.2960 is the target guys caution - ! in my view not confusing other's from there it may fall back like a rain or go up and up
about dollar index - if it get strong and the same time GBP currency so not fall for GPB - thanks
To Win You Must Loss Something ...
  • #512,804
  • Feb 28, 2020 3:22am Feb 28, 2020 3:22am
Quoting Almo2312
I think it will do little spike up for bull scam and after that all the way down
still thinking like that but anyway if hourly will break full candle above 1.2904 i will take some longs

trade safe
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #512,805
  • Feb 28, 2020 3:22am Feb 28, 2020 3:22am
Quoting T6nnax
Hey traders. Im bit new to this and still learning but i made a mistake 2 days ago and went for long accidentaly instead of short. Now im in a bit sticky situation. Any1 has idea how should i proceed? Shall i save what i can or hope for the best? {image}
If you had bought at 1.2868 you will be in profit so set the stop loss at +1 to protect your assets and breathe.
  • #512,806
  • Feb 28, 2020 3:29am Feb 28, 2020 3:29am
Quoting Almo2312
{quote} still thinking like that but anyway if hourly will break full candle above 1.2904 i will take some longs trade safe
I'm start thinking that a new low under 1.29492 could be not today (last day candle in february) but next month candle that starts monday
  • #512,807
  • Feb 28, 2020 3:30am Feb 28, 2020 3:30am
London breaks up the Asian session range
yes yes yes
  • #512,808
  • Feb 28, 2020 3:33am Feb 28, 2020 3:33am
Quoting fabert
{quote} I'm start thinking that a new low under 1.29492 could be not today (last day candle in february) but next month candle that starts monday
i mentioned also another part to see hourly breaking the 1.2904 ish and stay above it

lets see
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #512,809
  • Feb 28, 2020 3:36am Feb 28, 2020 3:36am
Quoting navk
a spike down in frankfurt to be bought ....for London. Then a sell off in NY. tHIS is what I want to see.
this is what I wanted to see. And happening.
Intraday only.
  • #512,810
  • Feb 28, 2020 3:47am Feb 28, 2020 3:47am
Quoting navk
{quote} this is what I wanted to see. And happening.

Did you trade it?

For me this stucture is very good , H4 correction in progress only to drop again today or monday
Follow The Markets Structure - Patience and Discipline
  • #512,811
  • Feb 28, 2020 3:54am Feb 28, 2020 3:54am
defo up momentum and i am there also

trade safe
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #512,812
  • Feb 28, 2020 4:01am Feb 28, 2020 4:01am
Quoting pipfarm
{quote} Did you trade it? For me this stucture is very good , H4 correction in progress only to drop again today or monday
yes, I traded, what I missed is Frankfurt drop.... I went out shopping.

Anyways no complaints.
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Intraday only.
  • #512,813
  • Feb 28, 2020 4:07am Feb 28, 2020 4:07am
Inserted Video
  • #512,814
  • Feb 28, 2020 4:10am Feb 28, 2020 4:10am
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yes yes yes
  • #512,815
  • Feb 28, 2020 4:12am Feb 28, 2020 4:12am
Sharks are gone short on GBPUSD....expect the market to break today's low
Time Is Money
  • #512,816
  • Feb 28, 2020 4:12am Feb 28, 2020 4:12am
Quoting Moty
{image}
what MVA is the black one?(the higher one)
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #512,817
  • Feb 28, 2020 4:18am Feb 28, 2020 4:18am
well i am out from trades

trade safe ..

very tricky friday
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #512,818
  • Feb 28, 2020 4:22am Feb 28, 2020 4:22am
Quoting Almo2312
well i am out from trades trade safe .. very tricky friday

Me too , at least on cable, hourly in uptrend , indication of building 4 hour correction, so probably monday before any possible shorting opps, unless your scalping for a few measly pips.
Follow The Markets Structure - Patience and Discipline
  • #512,819
  • Feb 28, 2020 4:28am Feb 28, 2020 4:28am
Daily candle is above 200EMA so if it close below 200EMA that really signal down turn if not market markers are killing both side
don't trade much today until CAD news the good opportunity one way going is after the news and watch out for
fakes new like brexit and virus lol - take care guys i made my day only watching your post and the chart -
To Win You Must Loss Something ...
  • #512,820
  • Feb 28, 2020 4:28am Feb 28, 2020 4:28am
Quoting pipfarm
{quote} Me too , at least on cable, hourly in uptrend , indication of building 4 hour correction, so probably monday before any possible shorting opps, unless your scalping for a few measly pips.
i have my major short trade for aim the 1.27XXX level but i will not add more or do some other trades i will just wait for reaction

anyway for bulls we must see hr4 candle close above 1.2940 ish to turn the page for bulls

trade safe
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
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